ASSESSING RISK TOLERANCE WITH A SIMPLE GAMBLE Want to estimate risk tolerance with just one question? Thanks to Bob Clemen who has written a nice piece about it in the Decision Analysis Newsletter, and to the SJDM mailing list, here’s the one question: “Suppose you face a gamble where you can win $x with probability […]
WHO TALKS TO WHOM: INTRA- AND INTERDISCIPLINARY COMMUNICATION OF ECONOMICS JOURNALS A talk by Jeffrey Pfeffer currently touring the world cites some stats from Who Talks to Whom? Intra- and Interdisciplinary Communication of Economics Journals, a 2002 paper by Rik Pieters and Hans Baumgartner: ” * 90% of citations in economics is intradisciplinary * The […]
R STATISTICAL LANGUAGE MULTI-SITE SEARCH Image (C) R Foundation, from http://www.r-project.org Decision researchers and fellow bloggers Jon Baron and Andrew Gelman are big fans and supporters of the R project for statistical computing. Searching for information on R can be difficult (though Baron’s R search tool is a great help), so DSN has put together […]
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INFORMATION SCIENCE When DSN was visiting Stanford’s Department of Management Science and Engineering in the late 90s, it was called “Engineering-Economic Systems and Operations Research”. A change for the better, no? One thing that hasn’t changed is the excellence of the people there. We just got our copy David Luenberger’s new Information Science. Not only […]
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WEB EXPERIMENTS MUST BE GOOD WEB SITES To do a good web-based experiment, a researcher needs to keep the drop-out rate as low as possible. Good Web design is key to getting people to take experiments seriously and to finish what they start. By encouraging good coding practices, it also improves cross-platform and cross-browser performance. […]
